The House Committee on Financial Institutions 
         77th Legislature 
         March 12, 2001 
         3:00 p.m. 
         Capitol Extension, E2.014 
          
         Pursuant to a notice posted on March 7, 2001, the House  
         Committee on Financial Institutions met in a public hearing and  
         was called to order by the chair, Representative Averitt, at  
         3:21 p.m. 
          
         The roll was answered as follows: 
          
         Present:  Representatives Averitt; Denny; Hopson; Marchant;  
                   Menendez; Wise (6). 
          
         Absent:   Representatives Solomons; Grusendorf; Pitts (3). 
          
         A quorum was present. 
          
         HB 1268 
          
         The chair laid out HB 1268. 
          
         The chair recognized Representative Dukes to explain the  
         measure.  
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Dukes to close on the  
         measure.  
          
         The bill was left pending without objection.  
          
         HB 1869 
          
         The chair laid out HB 1869. 
          
         The chair recognized Representative Wohlgemuth to explain the  
         measure.  
          
         (Representative Marchant in chair.) 
          
         The chair recognized Representative Ehrhardt to explain the  
         measure. 
          
         (Representative Solomons now present.)  
          
         The chair recognized Representative Uresti to explain the  
         measure.  
          
         (Representative Averitt in chair.) 
          
         Representative Marchant offered a complete committee substitute.  
          
         Representative Denny offered an amendment to the committee  
         substitute.  
          
         Testimony was taken.  (See attached witness list.) 
          
         The amendment to the committee substitute was withdrawn without  
         objection. 
          
         The committee substitute was withdrawn without objection. 
          
         The chair recognized Representative Wohlgemuth to close on the  
         measure. 
          
         The bill was left pending without objection.  
          
         HB 1460 
          
         The chair laid out HB 1460 as pending business.  
          
         Representative Averitt offered an amendment to the measure.  
          
         The amendment was adopted without objection. 
          
         Representative Menendez moved that HB 1460, as amended, be  
         reported favorably to the full house with the recommendation  
         that it do pass and be printed. The motion prevailed by the  
         following record vote:  
          
         Ayes:               Representatives Averitt; Solomons; Denny;  
                             Hopson; Marchant; Menendez; Wise (7).  
           
         Nays:               None (0).  
           
         Present, Not Voting:     None  (0).  
           
         Absent:        Representatives Grusendorf; Pitts  (2).  
           
         HB 1608 
          
         The chair laid out HB 1608 as pending business.  
          
         Representative Marchant moved that HB 1608, without amendments,  
         be reported favorably to the full house with the recommendation  
         that it do pass and be printed. The motion prevailed by the  
         following record vote:  
          
         Ayes:               Representatives Averitt; Solomons; Denny;  
                             Hopson; Marchant; Menendez; Wise (7).  
           
         Nays:               None (0).  
           
         Present, Not Voting:     None  (0).  
           
         Absent:        Representatives Grusendorf; Pitts  (2).  
           
         HJR9 
          
         The chair laid out HJR 9 as pending business.  
          
         Representative Marchant moved that HJR9, without amendments, be  
         reported favorably to the full house with the recommendation  
         that it do pass and be printed. The motion prevailed by the  
         following record vote:  
          
         Ayes:               Representatives Averitt; Solomons; Denny;  
                             Hopson; Marchant; Menendez; Wise (7).  
           
         Nays:               None (0).  
           
         Present, Not Voting:     None  (0).  
           
         Absent:        Representatives Grusendorf; Pitts  (2).  
          
         (Representative Solomons in chair.) 
          
         HB 2153 
          
         The chair laid out HB 2153. 
          
         The chair recognized Representative Averitt to explain the  
         measure.  
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Averitt to explain the  
         measure.  
          
         The bill was left pending without objection.  
          
         HB 1522 
         The chair laid out HB 1522. 
          
         Representative Solomons offered a complete committee substitute.  
          
         The chair recognized Representative Averitt to explain the  
         measure.  
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Averitt to close on the  
         measure.  
          
         The committee substitute was withdrawn without objection. 
          
         The bill was left pending without objection.  
          
         (Representative Averitt in chair.) 
          
         HB 1768 
          
         The chair laid out HB 1768. 
          
         Chairman Averitt explained the measure for Representative  
         Grusendorf.  
          
         Testimony was taken.  (See attached witness list.) 
          
         The bill was left pending without objection.  
          
         At 7:23 p.m., on the motion of the chair and without objection,  
         the meeting was adjourned subject to the call of the chair. 
          
         ________________________ 
         Rep. Averitt, Chair 
          
         ________________________ 
         Bryan McMath, Clerk